SEATTLE--(BUSINESS WIRE)--Vontive, the first embedded mortgage platform for investment real estate, today announced it ranked #10 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year. Vontive grew 9,154% during the evaluation period.
Since its founding, Vontive has quietly built out its platform and scaled its customer base while operating largely in stealth mode until its public launch in April 2022.
“We are extremely pleased to be named to the Deloitte Technology Fast 500,” said Charles McKinney, chief executive officer and co-founder of Vontive. “Our reception from the market, even in moments of economic instability, has been nothing short of exceptional. By introducing first-of-its-kind technology built specifically for a fragmented industry, Vontive is transforming mortgage finance.”
Part of Vontive’s appeal lies in its unique ability to enable any bank, credit union, property technology company, or B2C brand serving real estate investors to launch its own investment-property mortgage business. It also reduces the cost of starting a mortgage business by >90% and time to market from many months to a few weeks. Vontive removes uncertainty and shortens the timeline to close a loan—giving real estate investors the confidence they need. Additionally, Vontive standardizes all details of the mortgage and broadens the scope of underwriting—giving financial institutions that provide liquidity for investment-property mortgages a complete picture of risk and assurance of credit quality.
Vontive’s solution has demonstrated its value, achieving 9,154% revenue growth. Overall, 2022 Technology Fast 500™ companies achieved revenue growth ranging from 241% to 125,138% from 2018 to 2021, with median growth of 611%.
“Technology must keep pace with ever-changing consumer and corporate demands for faster, safer and more efficient solutions to new societal challenges,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. Each year I am in awe of the immense talent the Technology Fast 500 rankings reveal, confirming the winners’ relentless pursuit of creativity and their ability to solve real-world problems that benefit us all.”
“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have prospered by anticipating what’s next, understanding what’s needed to succeed and driving creativity forward,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Representing all facets of technology, the winners have shown they not only have the vision but can also expertly manage their companies through rapid growth. We congratulate each winner on their impressive achievements.”
About the 2022 Deloitte Technology Fast 500™
Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest- growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2018 to 2021.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US $50,000, and current-year operating revenues of at least US $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Vontive
Founded by credit industry and technology veterans, Vontive has created the first embedded mortgage platform for investment real estate. In doing so, it enables any bank, credit union, property technology company, or B2C brand serving real estate investors to launch its own investment-mortgage business with ease. Please visit https://www.vontive.com or follow us at linkedin.com/company/vontive.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
